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AREA MANAGER - COLLECTIONS
Muthoot Capital Services
posted 23d ago
Job Role Insights
Fixed timing
Key skills for the job
Job Description
- Recruit and train the collections team for effective collections recovery
- Monitor review the activities of the regional collections teams for the achievement of collections targets
- Ensure adherence to collection processes in the region, i.e., system allocation, tracking, monitoring delayed cash deposition; identifying reporting fraudulent practices
- Execute collection strategies at the area level for efficient collections and recovery of outstanding loans
- Monitor and ensure adherence to collection process and report the fraudulent practices of agencies / agents
- Submit recommendations to regional collections manager for discontinuing agencies based on performance
- Submit recommendations to regional collections manager for discontinuing agencies based on performance
- Partner with local sales credit to ensure quality sourcing
- Responsible for managing delinquency across buckets and maintain the delinquency rates within monthly, yearly targets
- Oversee and manage the team of Collection executives in the region
- Undertake regular customer visits for follow up and collection of overdue payments
- Obtain daily updates from all collection executives on delinquent portfolio initiate detailed account level review of high ticket accounts
- Provide weekly, monthly follow up reports for all delinquent accounts in the portfolio
- Coordinate with law firms, initiate legal actions against NPA accounts, re possession and sale of property
- Empanel manage Debt Collection Agencies, Cheque Pick up agencies and law firms
- Effectively manage up skill the Collection team along with allocation of workload
- Any other responsibility as may be assigned from time to time by the Competent Authority.
Employment Type: Full Time, Permanent
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What people at Muthoot Capital Services are saying
Rating based on 2 Area Collection Manager
reviews
Anonymous · Debt
in Bhuj, Gujarat
Likes
MCSL company in best for job
Dislikes
No any
Read 2 reviewsArea Collection Manager salary at Muthoot Capital Services
reported by
6
employees
with 8-15
years exp.
₹5
L/yr - ₹9.6
L/yr
23%
less
than the average Area Collection Manager Salary in India
View more details
What Muthoot Capital Services employees are saying about work life
based on 228 employees
Strict timing
Monday to Saturday
Within city
Day Shift
Muthoot Capital Services Benefits
Job Training 
Health Insurance 
Soft Skill Training 
Team Outings 
Free Transport 
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